As England’s third largest city, Leeds stands as the cultural, financial, and commercial heart of West Yorkshire, renowned for its historical significance, economic vibrancy, and thriving nightlife. Not only is it home to some of the nation’s best theatres and art galleries, but the city also boasts a fantastic selection of museums, entertainment venues, bars, and restaurants, further enriching its cultural landscape.
Indeed, rental yields prove particularly strong, with those in the centre averaging more than 6%. Meanwhile, average rental yields for the LS1 and LS2 postcodes stand at 6.9% and 8.4% respectively. Additionally, returns in the LS3 postcode – close by the city’s two world-class universities, the University of Leeds and Leeds Beckett University – are stronger still, with landlords enjoying an average yield of 12% in this area.